Markets & Finance

Europe Markets End Mixed


European stock markets were mixed Friday. London's FTSE 100 index was up 28.6 points, or 0.7%, to 4,160.1 in a rebound from yesterday's slide, as some investors were encouraged by a report that Prime Minister Blair won't raise income taxes.

In Paris, the CAC-40 index gained 25.2 points, or 0.8%, to 3,190.11 despite a report that the French economy is headed for the slowest growth in a decade. In Frankfurt, the DAX index edged down 8.13 points, or 0.25%, to 3,238.98 after a report that German producers prices fell raised some concerns that the nation is heading into a deflationary cycle.

Asian markets finished mixed Friday. Japan's Nikkei 225 index was up 9.88 points, or 0.11%, to 9,120.39, supported by a rebound in bank stocks. Hong Kong's benchmark Hang Seng index fell 49.80 points, or 0.5%, to 9,930.31.

Canada's benchmark S&P/TSX fell 7.57 points, or 0.11%, to 7,070.91.


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